Philippines Economy

Philippines’s gdp growth annual decreased to -11.5 by -31.95% on July 2020 from -16.9 in the previous Quarterly. On a year on year basis Philippines’s gdp growth annual decreased by -259.72%. Philippines’s gdp growth annual trend is down since the current value of -11.5 is lower than the 12 month moving average of 2.19167.Philippines’s inflation cpi icnreased to 3.3 by 32.0% on November 2020 from 2.5 in the previous Monthly. On a year on year basis Philippines’s inflation cpi increased by 153.85%. Philippines’s inflation cpi trend is down since the current value of 3.3 is lower than the 12 month moving average of 2.54167.Philippines’s unemployment rate decreased to 8.7 by -13.0% on November 2020 from 10.0 in the previous Quarterly. On a year on year basis Philippines’s unemployment rate increased by 74.0%. Philippines’s unemployment rate trend is down since the current value of 8.7 is lower than the 12 month moving average of 6.93333.

Philippines Financial Markets

MarketSymbolLastMomTrendExhRSI1D%1W%1M%1Y%
PSI CompositePSI6476.2110.750.9324560.3009-5.25-6.391.36-0.07402
Philippines ETFEPHE28.5200.251.3348654.0698-4.65-7.67-1.04-0.03749
Philippine peso US Dollar (PHP/USD)PHPUSD 50.32-1-1-1.3993240.94870.243.263.85-0.0544
Philippines 5-Year Bond YieldPH.5Y2.87-10-0.6158177.0894-1.03-1.88-4.33-0.31841
Philippines 2-year bond yieldPH.2Y2.15-0.5-1-0.983730.42952.330.14-14.72-0.54704
Philippines Yield CurvePH.YC2.10.511.1093659.279221.813152.280.82149
Philippines Credit Default SwapsCDS.Philippines48.25-0.5-0.5-0.9106644.83245.468.433.76-0.03705

PSI Composite closed up by 0.02392% to 7289.88 on 23 January 2021 and +0.02103% on a weekly basis. PSI Composite momentum was last calculated at +1.0/100 indicating positive momentum. PSI Composite trend is +0.75/100 indicating a positive trend. PSI Composite momentum exhaustion is 0.93245 indicating PSI Composite is oversold.Philippines ETF closed down by -0.00488% to 32.61 on 23 January 2021 and +0.00369% on a weekly basis. Philippines ETF momentum was last calculated at +0.0/100 indicating positive momentum. Philippines ETF trend is +0.25/100 indicating a positive trend. Philippines ETF momentum exhaustion is 1.33486 indicating Philippines ETF is oversold.Philippines 10-Year Bond Yield closed up by 0.0% to 2.975 on 23 January 2021 and +0.0% on a weekly basis. Philippines 10-Year Bond Yield momentum was last calculated at -0.5/100 indicating negative momentum. Philippines 10-Year Bond Yield trend is +0.0/100 indicating a positive trend. Philippines 10-Year Bond Yield momentum exhaustion is -0.57201 indicating Philippines 10-Year Bond Yield is oversold.Philippine peso US Dollar (PHP/USD) closed up by 0.0% to 48.014 on 23 January 2021 and +-0.00065% on a weekly basis. Philippine peso US Dollar (PHP/USD) momentum was last calculated at -1.0/100 indicating negative momentum. Philippine peso US Dollar (PHP/USD) trend is -1.0/100 indicating a negative trend. Philippine peso US Dollar (PHP/USD) momentum exhaustion is -1.39932 indicating Philippine peso US Dollar (PHP/USD) is oversold.Philippines Credit Default Swaps closed up by 0.0% to 35.5 on 23 January 2021 and +0.0% on a weekly basis. Philippines Credit Default Swaps momentum was last calculated at -0.5/100 indicating negative momentum. Philippines Credit Default Swaps trend is -0.5/100 indicating a negative trend. Philippines Credit Default Swaps momentum exhaustion is -0.91066 indicating Philippines Credit Default Swaps is oversold.

Philippines News

Philippines Economy

Economic Activity OverviewActualPreviousM/M%Y/Y%TrendSlopeZS5YUpdate
gdp growth annual-4.2-8.3-0.493976-1.64615-1.0-1.00.06666672021-01-01
inflation cpi4.14.5-0.08888890.641.01.00.5333332021-06-30
unemployment rate8.710-0.130.741.01.00.9666672020-11-01
Business & Consumer Forecast OverviewActualPreviousM/M%Y/Y%TrendSlopeZS5YUpdate
manufacturing pmi50.849.90.01803610.02213281.01.002021-06-30
Reserves & Outstanding DebtActualPreviousM/M%Y/Y%TrendSlopeZS5YUpdate
government debt to gdp53.539.60.35101-0.02193781.0-1.002020-01-31
external debt9848883617.90.1778340.5099041.01.002018-03-28
foreign exchange reserves106080107710-0.01513320.1349111.01.00.7666672021-06-30
gold reserves164.05187.91-0.126976-0.164715-1.0-1.00.1833332021-01-01
TradeActualPreviousM/M%Y/Y%TrendSlopeZS5YUpdate
current account-380.26282.38-2.346630.508968-1.0-1.00.752021-03-31
current account to gdp3.6-0.9-50.6363641.01.002020-01-31
Monetary PolicyActualPreviousM/M%Y/Y%TrendSlopeZS5YUpdate
interest rate22.25-0.111111-0.555556-1.0-1.00.01666672020-11-19
central bank balance sheet7340.267306.260.004653540.469011.01.012020-11-30
banks balance sheet3078.53172.3-0.02956851.473091.01.00.952020-08-31
money supply m213614200135243000.006647290.05453871.01.00.12021-05-31
Fiscal PolicyActualPreviousM/M%Y/Y%TrendSlopeZS5YUpdate
Government budget-200306-444263.50876-114.424-1.0-1.00.01666672021-05-31
government revenues256415291920-0.1216260.6925861.01.012021-05-31
fiscal expenditure4567213363460.357890.2915261.01.00.8166672021-05-31

Philippines’s gdp growth annual decreased to -11.5 by -31.95% on July 2020 from -16.9 in the previous Quarterly. On a year on year basis Philippines’s gdp growth annual decreased by -259.72%. Philippines’s gdp growth annual trend is down since the current value of -11.5 is lower than the 12 month moving average of 2.19167.Philippines’s inflation cpi icnreased to 3.3 by 32.0% on November 2020 from 2.5 in the previous Monthly. On a year on year basis Philippines’s inflation cpi increased by 153.85%. Philippines’s inflation cpi trend is down since the current value of 3.3 is lower than the 12 month moving average of 2.54167.Philippines’s unemployment rate decreased to 8.7 by -13.0% on November 2020 from 10.0 in the previous Quarterly. On a year on year basis Philippines’s unemployment rate increased by 74.0%. Philippines’s unemployment rate trend is down since the current value of 8.7 is lower than the 12 month moving average of 6.93333.Philippines’s manufacturing pmi icnreased to 49.9 by 2.89% on November 2020 from 48.5 in the previous Monthly. On a year on year basis Philippines’s manufacturing pmi decreased by -2.92%. Philippines’s manufacturing pmi trend is down since the current value of 49.9 is lower than the 12 month moving average of 46.7833.Philippines’s building permits decreased to 16004.0 by -48.1% on February 2020 from 30838.0 in the previous Quarterly. On a year on year basis Philippines’s building permits decreased by -55.52%. Philippines’s building permits trend is down since the current value of 16004.0 is lower than the 12 month moving average of 37563.6.Philippines’s business confidence decreased to 10.6 by -300.0% on August 2020 from -5.3 in the previous Quarterly. On a year on year basis Philippines’s business confidence decreased by -72.03%. Philippines’s business confidence trend is down since the current value of 10.6 is lower than the 12 month moving average of 30.0167.Philippines’s consumer confidence decreased to -47.9 by -12.11% on May 2020 from -54.5 in the previous Quarterly. On a year on year basis Philippines’s consumer confidence decreased by -569.61%. Philippines’s consumer confidence trend is down since the current value of -47.9 is lower than the 12 month moving average of -9.3025.

Philippines Business activity

Business ActivityActualPreviousM/M%Y/Y%TrendSlopeZS5YUpdate
business confidence1.417.4-0.91954-0.964557-1.0-1.00.152021-04-01
manufacturing pmi50.849.90.01803610.02213281.01.002021-06-30

Philippines’s business confidence decreased to 10.6 by -300.0% on August 2020 from -5.3 in the previous Quarterly. On a year on year basis Philippines’s business confidence decreased by -72.03%. Philippines’s business confidence trend is down since the current value of 10.6 is lower than the 12 month moving average of 30.0167.Philippines’s manufacturing pmi icnreased to 49.9 by 2.89% on November 2020 from 48.5 in the previous Monthly. On a year on year basis Philippines’s manufacturing pmi decreased by -2.92%. Philippines’s manufacturing pmi trend is down since the current value of 49.9 is lower than the 12 month moving average of 46.7833.

Philippines Consumer activity

Consumer ActivityActualPreviousM/M%Y/Y%TrendSlopeZS5YUpdate
total vehicle sales73827599-0.02855640.5669711.01.00.952021-06-30
consumer confidence-30.9-34.7-0.10951-19.1765-1.0-1.002021-04-01
retail sales yoy2.120.052.51.01.00.8666672021-05-31

Philippines’s total vehicle sales decreased to 7790.0 by -13.33% on November 2020 from 8988.0 in the previous Monthly. On a year on year basis Philippines’s total vehicle sales decreased by -18.44%. Philippines’s total vehicle sales trend is down since the current value of 7790.0 is lower than the 12 month moving average of 5841.92.Philippines’s consumer confidence decreased to -47.9 by -12.11% on May 2020 from -54.5 in the previous Quarterly. On a year on year basis Philippines’s consumer confidence decreased by -569.61%. Philippines’s consumer confidence trend is down since the current value of -47.9 is lower than the 12 month moving average of -9.3025.Philippines’s retail sales yoy decreased to 1.2 by -14.29% on September 2020 from 1.4 in the previous Monthly. On a year on year basis Philippines’s retail sales yoy increased by 33.33%. Philippines’s retail sales yoy trend is down since the current value of 1.2 is lower than the 12 month moving average of 1.2.

Philippines Manufacturing activity

Manufacturing ActivityActualPreviousM/M%Y/Y%TrendSlopeZS5YUpdate
manufacturing pmi50.849.90.01803610.02213281.01.002021-06-30
industrial production249.5154.30.61698-4.353491.01.00.152021-05-31
capacity utilization66.1463.60.0399371-0.09854161.0-1.00.2333332021-05-31

Philippines’s manufacturing pmi icnreased to 49.9 by 2.89% on November 2020 from 48.5 in the previous Monthly. On a year on year basis Philippines’s manufacturing pmi decreased by -2.92%. Philippines’s manufacturing pmi trend is down since the current value of 49.9 is lower than the 12 month moving average of 46.7833.Philippines’s industrial production icnreased to -14.2 by 14.52% on October 2020 from -12.4 in the previous Monthly. On a year on year basis Philippines’s industrial production increased by 144.83%. Philippines’s industrial production trend is down since the current value of -14.2 is lower than the 12 month moving average of -14.375.Philippines’s capacity utilization decreased to 67.2 by -0.53% on October 2020 from 67.56 in the previous Monthly. On a year on year basis Philippines’s capacity utilization decreased by -20.5%. Philippines’s capacity utilization trend is down since the current value of 67.2 is lower than the 12 month moving average of 75.6617.

Philippines Retail Sector

 

Retail ActivityActualPreviousM/M%Y/Y%TrendSlopeZS5YUpdate
retail sales MoM0.4-0.3-2.3333331.01.00.9666672020-06-30

Philippines’s retail sales MoM decreased to 0.4 by -233.33% on June 2020 from -0.3 in the previous Monthly. On a year on year basis Philippines’s retail sales MoM increased by 300.0%. Philippines’s retail sales MoM trend is down since the current value of 0.4 is lower than the 12 month moving average of 0.0833333.

Philippines Construction Sector

 

Construction ActivityActualPreviousM/M%Y/Y%TrendSlopeZS5YUpdate
building permits33627310260.0838329-0.153974-1.0-1.00.1166672021-01-01
housing index10590103270.0254672-0.0173518-1.0-1.00.1166672020-10-01

Philippines’s building permits decreased to 16004.0 by -48.1% on February 2020 from 30838.0 in the previous Quarterly. On a year on year basis Philippines’s building permits decreased by -55.52%. Philippines’s building permits trend is down since the current value of 16004.0 is lower than the 12 month moving average of 37563.6.Philippines’s housing index decreased to 10891.0 by -8.31% on November 2019 from 11878.0 in the previous Quarterly. On a year on year basis Philippines’s housing index increased by 13.39%. Philippines’s housing index trend is down since the current value of 10891.0 is lower than the 12 month moving average of 10838.3.

Philippines GDP

 

ActualPreviousM/M%Y/Y%TrendSlopeZS5YUpdate
Real GDP42447004825180-0.1203020.9853511.01.00.9666672020-11-01
gdp growth annual-4.2-8.3-0.493976-1.64615-1.0-1.00.06666672021-01-01
gdp376.796346.8420.08636211.415671.01.002019-01-31
gdp growth0.33.8-0.921053-0.7857141.0-1.00.12021-01-01

Philippines’s Real GDP icnreased to 4138010.0 by 0.12% on July 2020 from 4133170.0 in the previous Quarterly. On a year on year basis Philippines’s Real GDP increased by 97.61%. Philippines’s Real GDP trend is down since the current value of 4138010.0 is lower than the 12 month moving average of 2835460.0.Philippines’s gdp growth annual decreased to -11.5 by -31.95% on July 2020 from -16.9 in the previous Quarterly. On a year on year basis Philippines’s gdp growth annual decreased by -259.72%. Philippines’s gdp growth annual trend is down since the current value of -11.5 is lower than the 12 month moving average of 2.19167.Philippines’s gdp icnreased to 376.796 by 8.64% on January 2019 from 346.842 in the previous Yearly. On a year on year basis Philippines’s gdp increased by 141.57%. Philippines’s gdp trend is down since the current value of 376.796 is lower than the 12 month moving average of 276.685.Philippines’s gdp growth decreased to 8.0 by -153.69% on July 2020 from -14.9 in the previous Quarterly. On a year on year basis Philippines’s gdp growth increased by 370.59%. Philippines’s gdp growth trend is down since the current value of 8.0 is lower than the 12 month moving average of 0.0916667.

Philippines inflation

 

ActualPreviousM/M%Y/Y%TrendSlopeZS5YUpdate
inflation cpi4.14.5-0.08888890.641.01.00.5333332021-06-30
core inflation rate33.3-0.09090910-1.0-1.00.3083332021-06-30
consumer price index cpi128127.80.001564950.04149721.01.00.7166672021-06-30
Producer Price Index89.1690.43-0.014044-0.04257-1.0-1.00.3166672021-05-31
PPI Index-4.3-30.433333-0.04444441.01.00.7833332021-05-31

Philippines’s inflation cpi icnreased to 3.3 by 32.0% on November 2020 from 2.5 in the previous Monthly. On a year on year basis Philippines’s inflation cpi increased by 153.85%. Philippines’s inflation cpi trend is down since the current value of 3.3 is lower than the 12 month moving average of 2.54167.Philippines’s core inflation rate icnreased to 3.2 by 6.67% on November 2020 from 3.0 in the previous Monthly. On a year on year basis Philippines’s core inflation rate increased by 23.08%. Philippines’s core inflation rate trend is down since the current value of 3.2 is lower than the 12 month moving average of 3.09167.Philippines’s consumer price index cpi icnreased to 125.1 by 1.05% on November 2020 from 123.8 in the previous Monthly. On a year on year basis Philippines’s consumer price index cpi increased by 3.3%. Philippines’s consumer price index cpi trend is down since the current value of 125.1 is lower than the 12 month moving average of 122.975.Philippines’s Producer Price Index decreased to 128.2 by -0.77% on December 2020 from 129.2 in the previous Monthly. On a year on year basis Philippines’s Producer Price Index decreased by -3.56%. Philippines’s Producer Price Index trend is down since the current value of 128.2 is lower than the 12 month moving average of 130.537.Philippines’s PPI Index icnreased to -3.4 by 3.03% on November 2020 from -3.3 in the previous Monthly. On a year on year basis Philippines’s PPI Index decreased by -950.0%. Philippines’s PPI Index trend is down since the current value of -3.4 is lower than the 12 month moving average of -3.65833.

Philippines Government Policy

 

ActualPreviousM/M%Y/Y%TrendSlopeZS5YUpdate
government budget-7.5-3.41.205887.33333-1.0-1.002020-01-31
Government budget-200306-444263.50876-114.424-1.0-1.00.01666672021-05-31
government revenues256415291920-0.1216260.6925861.01.012021-05-31
fiscal expenditure4567213363460.357890.2915261.01.00.8166672021-05-31

Philippines’s Government budget icnreased to -128278.0 by 109.05% on November 2020 from -61362.0 in the previous Monthly. On a year on year basis Philippines’s Government budget increased by 110.7%. Philippines’s Government budget trend is down since the current value of -128278.0 is lower than the 12 month moving average of -122491.0.Philippines’s government revenues icnreased to 245772.0 by 7.7% on November 2020 from 228206.0 in the previous Monthly. On a year on year basis Philippines’s government revenues decreased by -19.35%. Philippines’s government revenues trend is down since the current value of 245772.0 is lower than the 12 month moving average of 239402.0.Philippines’s fiscal expenditure icnreased to 374050.0 by 29.18% on November 2020 from 289568.0 in the previous Monthly. On a year on year basis Philippines’s fiscal expenditure increased by 2.3%. Philippines’s fiscal expenditure trend is down since the current value of 374050.0 is lower than the 12 month moving average of 348388.0.

Philippines Monetary Policy

 

ActualPreviousM/M%Y/Y%TrendSlopeZS5YUpdate
interest rate22.25-0.111111-0.555556-1.0-1.00.01666672020-11-19
central bank balance sheet7340.267306.260.004653540.469011.01.012020-11-30
banks balance sheet3078.53172.3-0.02956851.473091.01.00.952020-08-31
money supply m016692401669450-0.000125790.04092641.01.00.01666672021-05-31
money supply m1556847055173400.009267150.1002551.01.00.22021-05-31
money supply m213614200135243000.006647290.05453871.01.00.12021-05-31
money supply m314281500141983000.005859860.04346591.01.00.03333332021-05-31

Philippines’s interest rate decreased to 2.0 by -11.11% on November 2020 from 2.25 in the previous Daily. On a year on year basis Philippines’s interest rate decreased by -55.56%. Philippines’s interest rate trend is down since the current value of 2.0 is lower than the 12 month moving average of 3.27083.Philippines’s central bank balance sheet icnreased to 5951.07 by 5.03% on May 2020 from 5666.06 in the previous Monthly. On a year on year basis Philippines’s central bank balance sheet increased by 14.62%. Philippines’s central bank balance sheet trend is down since the current value of 5951.07 is lower than the 12 month moving average of 5212.78.Philippines’s banks balance sheet decreased to 3078.5 by -2.96% on August 2020 from 3172.3 in the previous Monthly. On a year on year basis Philippines’s banks balance sheet increased by 147.31%. Philippines’s banks balance sheet trend is down since the current value of 3078.5 is lower than the 12 month moving average of 2619.86.Philippines’s money supply m2 icnreased to 12870400.0 by 0.22% on October 2020 from 12842000.0 in the previous Monthly. On a year on year basis Philippines’s money supply m2 increased by 12.11%. Philippines’s money supply m2 trend is down since the current value of 12870400.0 is lower than the 12 month moving average of 12515200.0.

Philippines Employment

 

ActualPreviousM/M%Y/Y%TrendSlopeZS5YUpdate
unemployment rate8.710-0.130.741.01.00.9666672020-11-01

Philippines’s unemployment rate decreased to 8.7 by -13.0% on November 2020 from 10.0 in the previous Quarterly. On a year on year basis Philippines’s unemployment rate increased by 74.0%. Philippines’s unemployment rate trend is down since the current value of 8.7 is lower than the 12 month moving average of 6.93333.

Philippines Trade & Capital Flows

 

ActualPreviousM/M%Y/Y%TrendSlopeZS5YUpdate
current account-380.26282.38-2.346630.508968-1.0-1.00.752021-03-31
current account to gdp3.6-0.9-50.6363641.01.002020-01-31
exports589311057804600.01948810.2998111.01.00.9333332021-05-31
imports84500009097210-0.07114381.574091.01.012021-04-30
balance of trade-2734000-24120000.1334995.09312-1.0-1.012021-04-30
capital flows6.246.4-0.025-0.6329411.0-1.00.22021-03-31
foreign direct investment679808-0.1596531.141961.01.00.92021-04-30

Philippines’s current account icnreased to 1651.85 by 33.29% on September 2020 from 1239.33 in the previous Monthly. On a year on year basis Philippines’s current account decreased by -2126.52%. Philippines’s current account trend is down since the current value of 1651.85 is lower than the 12 month moving average of 777.893.Philippines’s current account to gdp decreased to 2.2 by -414.29% on January 2019 from -0.7 in the previous Yearly. On a year on year basis Philippines’s current account to gdp decreased by -55.1%. Philippines’s current account to gdp trend is down since the current value of 2.2 is lower than the 12 month moving average of 2.44167.Philippines’s exports decreased to 6202100.0 by -0.82% on October 2020 from 6253300.0 in the previous Monthly. On a year on year basis Philippines’s exports decreased by -1.98%. Philippines’s exports trend is down since the current value of 6202100.0 is lower than the 12 month moving average of 5287680.0.Philippines’s imports decreased to 7979030.0 by -0.71% on October 2020 from 8036090.0 in the previous Monthly. On a year on year basis Philippines’s imports decreased by -16.6%. Philippines’s imports trend is down since the current value of 7979030.0 is lower than the 12 month moving average of 7266330.0.Philippines’s balance of trade decreased to -1776920.0 by -0.33% on October 2020 from -1782790.0 in the previous Monthly. On a year on year basis Philippines’s balance of trade decreased by -45.16%. Philippines’s balance of trade trend is down since the current value of -1776920.0 is lower than the 12 month moving average of -1979620.0.Philippines’s capital flows decreased to 3.9726 by -8.62% on September 2020 from 4.3474 in the previous Monthly. On a year on year basis Philippines’s capital flows decreased by -30.36%. Philippines’s capital flows trend is down since the current value of 3.9726 is lower than the 12 month moving average of 6.34925.Philippines’s foreign direct investment decreased to 523.0 by -17.9% on September 2020 from 637.0 in the previous Quarterly. On a year on year basis Philippines’s foreign direct investment decreased by -7.92%. Philippines’s foreign direct investment trend is down since the current value of 523.0 is lower than the 12 month moving average of 616.167.

Philippines Reserves

 

ActualPreviousM/M%Y/Y%TrendSlopeZS5YUpdate
foreign exchange reserves106080107710-0.01513320.1349111.01.00.7666672021-06-30
gold reserves164.05187.91-0.126976-0.164715-1.0-1.00.1833332021-01-01

Philippines’s foreign exchange reserves icnreased to 104510.0 by 0.68% on November 2020 from 103800.0 in the previous Monthly. On a year on year basis Philippines’s foreign exchange reserves increased by 21.2%. Philippines’s foreign exchange reserves trend is down since the current value of 104510.0 is lower than the 12 month moving average of 94654.8.Philippines’s gold reserves decreased to 190.15 by -3.92% on February 2020 from 197.9 in the previous Quarterly. On a year on year basis Philippines’s gold reserves decreased by -3.16%. Philippines’s gold reserves trend is down since the current value of 190.15 is lower than the 12 month moving average of 196.753.Philippines’s government debt to gdp decreased to 41.5 by -0.72% on January 2019 from 41.8 in the previous Yearly. On a year on year basis Philippines’s government debt to gdp decreased by -19.26%. Philippines’s government debt to gdp trend is down since the current value of 41.5 is lower than the 12 month moving average of 47.6.Philippines’s external debt icnreased to 83617.9 by 5.9% on February 2018 from 78959.6 in the previous Yearly. On a year on year basis Philippines’s external debt increased by 25.73%. Philippines’s external debt trend is down since the current value of 83617.9 is lower than the 12 month moving average of 75417.8.

Philippines Debt

 

DebtActualPreviousM/M%Y/Y%TrendSlopeZS5YUpdate
government debt to gdp53.539.60.35101-0.02193781.0-1.002020-01-31
external debt9848883617.90.1778340.5099041.01.002018-03-28

Philippines’s government debt to gdp decreased to 41.5 by -0.72% on January 2019 from 41.8 in the previous Yearly. On a year on year basis Philippines’s government debt to gdp decreased by -19.26%. Philippines’s government debt to gdp trend is down since the current value of 41.5 is lower than the 12 month moving average of 47.6.Philippines’s external debt icnreased to 83617.9 by 5.9% on February 2018 from 78959.6 in the previous Yearly. On a year on year basis Philippines’s external debt increased by 25.73%. Philippines’s external debt trend is down since the current value of 83617.9 is lower than the 12 month moving average of 75417.8.

Philippines Banking activity

 

Fiscal PolicyActualPreviousM/M%Y/Y%TrendSlopeZS5YUpdate
Interbank Rate1.661.6600.4690271.01.00.9833332021-06-02
deposit interest rate1.51.50-0.333333-1.0-1.00.2666672021-02-28
bank lending rate6.5426.767-0.0332496-0.0686219-1.0-1.00.01666672019-12-31
loans to private sector793925079235100.00198649-0.02904811.0-1.00.052021-05-31
lending rate2.52.75-0.0909091-0.444444-1.0-1.00.052020-11-30
cash reserve ratio1214-0.142857-0.333333-1.0-1.00.01666672020-03-31

Philippines’s Interbank Rate Philippines’s Interbank Rate trend is down since the current value of 6.25 is lower than the 12 month moving average of 6.25.Philippines’s deposit interest rate On a year on year basis Philippines’s deposit interest rate decreased by -17.65%. Philippines’s deposit interest rate trend is down since the current value of 3.5 is lower than the 12 month moving average of 3.92708.Philippines’s bank lending rate decreased to 6.542 by -3.32% on December 2019 from 6.767 in the previous Monthly. On a year on year basis Philippines’s bank lending rate decreased by -6.86%. Philippines’s bank lending rate trend is down since the current value of 6.542 is lower than the 12 month moving average of 7.09583.Philippines’s loans to private sector decreased to 7822090.0 by -1.02% on October 2020 from 7902960.0 in the previous Monthly. On a year on year basis Philippines’s loans to private sector increased by 1.95%. Philippines’s loans to private sector trend is down since the current value of 7822090.0 is lower than the 12 month moving average of 8001660.0.Philippines’s lending rate decreased to 2.5 by -9.09% on November 2020 from 2.75 in the previous Monthly. On a year on year basis Philippines’s lending rate decreased by -44.44%. Philippines’s lending rate trend is down since the current value of 2.5 is lower than the 12 month moving average of 3.3125.Philippines’s cash reserve ratio decreased to 12.0 by -14.29% on March 2020 from 14.0 in the previous Monthly. On a year on year basis Philippines’s cash reserve ratio decreased by -33.33%. Philippines’s cash reserve ratio trend is down since the current value of 12.0 is lower than the 12 month moving average of 15.5.

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